Of all the sources of funds for an early stage venture, revenue is the most compelling demonstration of traction. Too many entrepreneurs view fund raising as an accomplishment in an of itself. This is a great story!
Rejected from YC last night... got anchor client this morning
11–20 of 46 posts
Re: Rejected from YC last night... got anchor client this morning
#12Congratulations! Want to share with us what your startup is, or is it hush-hush still?
Re: Rejected from YC last night... got anchor client this morning
#13Stormpulse was politely turned down by YC in 2007. I'm sure getting accepted would have changed things in a good way, but I can't complain about the way things are going; a YC-no-thanks is not a fatal judgment.
Re: Rejected from YC last night... got anchor client this morning
#14Congratulations! Want to share with us what your startup is, or is it hush-hush still?
Still trying to be stealthy (hence the new HN account). What I can say is that we're building a portal for a really cool niche.
Re: Rejected from YC last night... got anchor client this morning
#15Well done on the new accounts. Are you far along with your product I assume? What is your product btw?
We're trying to get a private beta up in 2-3 weeks from now.
Re: Rejected from YC last night... got anchor client this morning
#16Stormpulse was politely turned down by YC in 2007. I'm sure getting accepted would have changed things in a good way, but I can't complain about the way things are going; a YC-no-thanks is not a fatal judgment.
That's quite a high compete rank you have there. Where do you get those nice maps from?
Re: Rejected from YC last night... got anchor client this morning
#17Most people don't realise exactly how easy it is to make money off the internet. I remember when I made my first piece of software, and 3 days later someone bought it. I thought to myself - what? The software sucked big time! Then the next day, someone else bought, and so on.
A year later, I put up my first > $500 software, not really expecting anything to happen. A week later, a sale came in, a few days later, the same.
There was no marketing plan, no competition analysis, no snazzy web designer or any of all that. Just put up the site, list it on download.com.
Software is an easy business. The hard part is in learning all that stuff so you can actually make the software (or know how to tell people what to do), afterwards it's pretty easy if you just release your stuff.
Re: Rejected from YC last night... got anchor client this morning
#18I have renewed hope in my startup SocialHelix we have had some new and interesting interest. Plus I know how I want to build the backend now. Graph services are tough.
Re: Rejected from YC last night... got anchor client this morning
#19It's probably worth remembering that the last time YC talked about the number of applicants (a couple of years ago), it was something like 800. They usually accept about 20, and given the way the model works it's probably not possible to handle more. Now, of course half of those are probably applying on a whim--just finished college, or whatever, figured "Hey, what the heck, let's try getting rich...or at least continuing the college lifestyle for a little longer."--but even if we can assume that 50% of applications are complete non-starters, that's an awful lot of potentially great companies that get the "no" from YC.
The tech industry lived without YC for decades. You can definitely start a company without YC approval, and it can be successful.
Re: Rejected from YC last night... got anchor client this morning
#20Stormpulse was politely turned down by YC in 2007. I'm sure getting accepted would have changed things in a good way, but I can't complain about the way things are going; a YC-no-thanks is not a fatal judgment.
That's quite a high compete rank you have there. Where do you get those nice maps from?
September was a month I won't forget for a while!
The SWF is something we wrote ourselves, but all of the sources/images/layers are public info. For example, you can download the base imagery from NASA here: http://earthobservatory.nasa.gov/Newsroom/BlueMarble/